Camden, NJ asked in Estate Planning for New Jersey

Q: Which parts of an estate are taxable?

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1 Lawyer Answer
Jay Schmerler
Jay Schmerler
  • Estate Planning Lawyer
  • Eatontown, NJ
  • Licensed in New Jersey

A: Your question is too general and without facts to really specifically answer. New Jersey has several taxes that can arise from administering an estate. There may or may not be inheritance taxes. There may or may not be estate taxes. The answer is based on who inherits, what the assets are, and what the value of the assets are. The answer to your question will be based on these answers. Speak with an estate attorney.

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